LBLOCK V1: October 16th, 2022
Following the recent strength that returned to the LBLOCK V1 market, downward forces seem to have come alive. Consequently, this is causing some impedance to price movement to the upside. however, the bulls are still active and are focused on thrusting prices upwards.
Lucky Block’s current worth: is $0.0002056
LBLOCK’s Market Cap: $8.39 Million
LBLOCK’s Moving Supply: 40.77 billion
Overall Supply of Lucky Blocks: 3.6 billion
Coinmarketcap Ranking for LBLOCKs: #3856
Major Price Level:
Top Levels: $0.0002061, $0.0002085, $0.0002105
Floor Levels: $0.0002040, $0.0002020, $0.0002010
Lucky Block V1 Price Prediction: LBLOCK V1 Closes in on a $0.0002100 Price Level
Observing price action on the Lucky Block V1 chart, one will easily see signs that portray bullish activities. Here, the Smooth Moving Average (SMA) curve has crossed under the price of candles, with a significant distance between the candles and the line. This activity reveals that this market is bullish, and prices may still go higher. Furthermore, the Stochastic RSI shows that price has reached the oversold, plus another crossover which indicates more buying activities is occurring. Going by these signs, we can expect that the resistance $0.0002105 may soon be significantly broken.
Lucky Block V1 Price Prediction: LBLOCK V1 Stays on the Green Side
Considering the LBLOCK V1 hourly chart we can see that bulls have seized control once more. It could be perceived that the downward forces won in the previous hour, however, the bulls were quick to recover control. This could be seen as the ongoing session formed as a dash the green candle. Also, all trading activities continue to occur above the SMA line. Consequently, this portrays that this market stays in the control of buyers. Furthermore, the RSI curve points upward above the 60% level, which implies that the bulls are still gathering more steam. Traders can still go long since the price seems to be attempting more upside moves.
Lucky Block (LBLOCK V2): Gate.io listing has been set to be done on 25th August.
You can purchase Lucky Block here. Buy LBLOCK
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